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Unit Purchase Agreement Template for Qatar

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Key Requirements PROMPT example:

Unit Purchase Agreement

"I need a Unit Purchase Agreement for a luxury apartment in The Pearl-Qatar, with a foreign corporate buyer and staged payments, including specific provisions for property handover in March 2025 and compliance with Qatar foreign ownership laws."

Document background
The Unit Purchase Agreement serves as the primary legal instrument for real estate unit transactions in Qatar, whether for residential, commercial, or investment purposes. This document is essential when transferring ownership of property units, including apartments, offices, retail spaces, or other defined real estate units. It must comply with Qatar's legal framework, particularly the Civil Code and property laws, while addressing specific requirements for local and foreign buyers. The agreement typically includes comprehensive details about the property, payment terms, warranties, and completion procedures, ensuring all aspects of the transaction are properly documented and legally enforceable. For foreign investors, special attention must be paid to compliance with Law No. 16 of 2018 regarding foreign property ownership in designated areas.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and any registration numbers if corporate entities

2. Background: Context of the transaction, including brief description of the property and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core agreement to sell and purchase the unit, including the basic terms of the transaction

5. Property Description: Detailed description of the unit including location, size, boundaries, and any included fixtures and fittings

6. Purchase Price: Statement of the total purchase price and currency

7. Payment Terms: Schedule of payments, including deposit, installments, and final payment details

8. Completion: Conditions for completion, timing, and procedures for transfer of ownership

9. Seller's Obligations: Detailed obligations of the seller including warranties and representations

10. Buyer's Obligations: Detailed obligations of the buyer including payment and compliance requirements

11. Title and Registration: Provisions regarding property title, registration process, and transfer procedures

12. Handover: Terms and conditions for the physical handover of the property

13. Default and Termination: Consequences of default by either party and termination provisions

14. Notices: How formal communications between parties should be made

15. Governing Law and Jurisdiction: Confirmation of Qatar law as governing law and jurisdiction for disputes

16. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability

Optional Sections

1. Condition of Property: Detailed provisions about the condition of the property, used when selling existing units

2. Construction Completion: Used for off-plan purchases, detailing construction milestones and specifications

3. Mortgage Provisions: Include when the purchase involves mortgage financing

4. Service Charges: Include for properties in managed developments with ongoing service charges

5. Foreign Ownership Compliance: Required when the buyer is non-Qatari, addressing compliance with Law No. 16 of 2018

6. Defect Liability: Important for new properties, detailing warranty periods and remedies

7. Property Management: Include when the property is part of a managed development

8. Assignment Rights: Include when either party may need to assign their rights under the agreement

Suggested Schedules

1. Property Plan: Detailed floor plan and location map of the unit

2. Specification Schedule: Detailed specifications of the unit including finishes and fixtures

3. Payment Schedule: Detailed breakdown of payment installments and due dates

4. Title Documents: Copies of relevant title documents and ownership certificates

5. Building Rules and Regulations: If applicable, rules governing the use of the property and common areas

6. Snag List: For existing properties, list of any defects or issues to be remedied

7. Service Charge Schedule: Details of service charges and management fees if applicable

8. Form of Transfer/Title Deed: Template of the final transfer document to be executed

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions










































Clauses






























Relevant Industries

Real Estate

Construction

Property Development

Banking and Finance

Legal Services

Investment

Property Management

Facilities Management

Urban Development

Residential Housing

Relevant Teams

Legal

Real Estate

Sales

Compliance

Property Management

Business Development

Investment

Operations

Finance

Risk Management

Relevant Roles

Real Estate Manager

Property Developer

Legal Counsel

Contracts Manager

Real Estate Agent

Property Manager

Investment Manager

Compliance Officer

Real Estate Director

Sales Manager

Development Director

Transaction Manager

Corporate Lawyer

Purchase Manager

Real Estate Consultant

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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